How can HR software improve operations?
Before all the amazing software advances came along, if HR departments wanted to keep or track electronic records of their employees, the only option they had was a basic HR system hosted on-site and accessible to a select group of people. It was very limited and difficult to use. It’s why many businesses are switching to software that uses artificial intelligence and machine learning to make operations more efficient.
Today, HR departments have many functions that serve as a supportive background for the company by offering everything from skilled and talented labor to management training services, employee enrichment opportunities and so much more making the old technology obsolete. So it has become essential for HR companies and HR departments to leverage specialized software and tools that can manage and automate all their processes to effectively handle and manage all aspects of the labor force.
What are some of the benefits of HR software:
The most exciting benefit that HR software can provide increased productivity within your HR department. Implementing HR software can automate a huge number of HR functions, most notably payroll and benefits administration which helps your staffs to concentrate on your core business. This lets your HR workers focus on other core activities like attracting new hires and employee training strategies.
2. Reduced Errors
Human errors are common and can result in serious complications both financial and legal. Even a misplaced decimal point could cause serious issues, but leveraging HR software reduces the amount of error to a bare minimum. HR software helps to automate all the common processes such as payroll information and attendance management to streamline the entire process. One of the biggest issues with payroll is security. The right software will have a secure client portal because this is necessary to reduce errors and security risks.
As mentioned above, errors can cost you a lot. Large, small, and mid-sized companies must all comply with a number of laws and because of that, managing the information of your employees can be tricky. HR software provides easy methods for managing all aspects of your business including compliance-related information.
Businesses must constantly review their own internal information and come up with strategies based on their inner workings and competition. HR software usually includes HR metrics tools that allow you to accurately gauge issues such as turnover rate, hiring costs, overhead etc. This leads to better decision making about how to proceed with various operations.
What are the top HR Software options to improve HR Operations?
BambooHR is definitely a more compact HR software system that helps to govern different aspects of the recruitment and employee administration workload. With the availability of unique and useful HR management features, Bamboo is also the flagship product in this category. BambooHR designed with SMB’s and medium businesses in mind offers premium functionality within several affordable packages.
They provide a streamlined coworking experience for both employers and their employees. This tool has features like applicant tracking, time off tracking and complex leave management, payroll, performance administration, and helps you draft all popular reports with neatly categorized information. The price point is also pretty nice because it’s on the more affordable side.
2. Zoho People
Zoho People is an amazing HR management software product which has been crafted as a comprehensive online HR package. It centralizes and secures all of your employees’ data and enables a true self-service portal where they can access information and have their requests approved instantly. Zoho People provides 360-degree insights and manages your workforce on the go with more attractive time and attendance features. This is also a lower cost option for HR departments.
3. Dayforce HCM
Dayforce is good to go end-to-end workforce management suite developed by Ceridian Software. This HR software is considered to be one of the most advanced human capital administration systems, as it provides accuracy, agility, and visibility with payroll processing, time and attendance. This also has features that take care of all the hiring and onboarding processes.
Dayforce HCM streamlines the employers’ and employees’ experience by making the entire HRD records accessible on all devices. This software offers very sophisticated features and has a more moderate price point. It may not be the most expensive but it’s not the cheapest either.
4. SAP SuccessFactors
Choosing a scalable HR software solution is nowhere close to an easy task, and a vendor’s reputation plays a major role in making the right decision. SuccessFactors is a leading and corporate-friendly suite by SAP which could be a perfect choice for you. SAP SuccessFactors is a hassle-free tool powering core HR needs, talent acquisition, and workforce analytics within a single dashboard.
With tremendous ability to track attendance, payroll, performance, benefits, recruiting, and onboarding this is one of the favorite HRD assistant software out there. The price is on the higher moderate side. It’s definitely worth it for companies with a lot of employees.
5. Kronos Workforce Central
Kronos Workforce Central is one of the most reliable HRMS which focuses on engaging your employees, controlling labor costs and overheads, increasing productivity, and minimizing compliance risk in various corporate environments. With this system, you will get a single, automated solution to manage your employee schedules, and have access to all the important information. Kronos helps managers to make data-empowered decisions at any time, as this is available to use on the desktop and mobile devices. It’s a fairly inexpensive option too.
PeopleWorks is a cloud-based human capital management software that streamlines HR processes through automation. This enables enterprises to handle their end-to-end human resource responsibilities and streamline all HR processes. The software holds a featured set of functionalities to facilitate recruitment, workforce management, payroll management, talent management, learning and development, and core HR responsibilities. Businesses can easily adapt to their changing requirements and handle all their functions in a single platform with their integrated modular approach. This is also a cheaper option.
7. iCIMS Talent Acquisition
The iCIMS Talent Acquisition Platform offers cloud-based HR software that enables users to manage the entire candidate lifecycle. Some notable features are social media distribution, job posting, and career site search engine optimization (SEO). This tool also provides paperless workflow management that allows users to manage their compliance, assign and manage tasks effectively. This software is one of the more expensive options. It’s only useful if you are going to use almost all of the features it provides.
Recruitee is a top-notch integrated cloud-based recruitment management and applicant tracking system (ATS) designed to assist start-ups, SMB ’s and midsize HR teams in organizing and managing their hiring process effectively. The product features include business branding, job posting, candidate sourcing, applicant tracking recruitment analyzing, and lot more.
This package enables the HR personnel to create customizable hiring workflows with drag and drop interface making it easy user experience. If hiring is your primary concern, then Recruitee is the right fit for you. It’s got a moderate price range which is perfect for mid-sized companies.
Namely is an exclusive and premium cloud-based solution for organizations seeking a single comprehensive system to manage their human capital. This HR software solution helps midsize companies manage compliance and streamline everything starting from payroll, benefits and talent management.
Namely is a great fit for mid-sized companies. It’s also really useful for companies who are concerned about software fitting their unique needs. Namely is complex and has a lot to offer and can bend to your companies unique and complex infrastructure. Since it is quite complex it’s also a more expensive option.
10. ADP Workforce Now
ADP Workforce Now is a robust HCM solution for companies with more than 100 employees. Their features include human resources management, payroll, benefits, talent management, compliance, time & labor management, and analytics and benchmarking. This fully integrated suite is built on a single DB, which automates data synchronization and thus helps the users to minimize manual administrative tasks exponentially. ADP Workforce Now also integrates with other HR and business applications via the ADP Marketplace and APIs. It’s one of the more expensive options but definitely worth it.
Can I create custom HR software for my business?
There is never a one-size-fits-all solution for any business. Every business has its own needs and requirements and sometimes those can be quite unique. When a company cannot find the right HR software available in the market to meet their unique needs, the option is to invest in a customized HR product can look attractive. Having it custom means every single function works specifically with the way your HR department functions. It will work and look exactly the way you want it to.
The first step is finding the right software development company to build an HR software that fits your business like a glove. Digital experts like SDI have ample experience in creating custom software solutions by understanding the entire structure of your business by innovative and out of the box thinking.
Whether you choose to go with an available HR software solution or planning to customize your new HR management software remotely, make sure about options use of the right strategies and tools that personalize, automates, and reduces the labor and cost. If you are ready to get started or wanted to learn more about options contact Rob LaPointe at email@example.com or 408.802.2885.